Microsoft has been sending mixed signals when it comes to its true intentions regarding Bitcoin (BTC) as well as the cryptocurrency market in general. On one hand, Microsoft president Brad Smith gave an interview earlier this year, claiming that the multinational was not even the least bit interested in dabbling in Bitcoin, stating that Tesla’s move to invest $1.5 billion had not changed anything for the company. However, just a couple of days ago, the tech giant seemed to showcase a change of heart by reportedly releasing a poll online asking its customers how they would like to pay for …

Double jump.tokyo, the developer of popular blockchain game My Crypto Heroes, announced on March 25 that it will use the Immutable X platform to mint and trade nonfungible tokens, or NFTs, across all its games. Immutable X is a layer-two solution for the Ethereum blockchain, created by Immutable — the team behind the Gods Unchained trading card game. It aims to promote NFT adoption by reducing gas fees and allowing for more dynamic game mechanics. The alpha release will launch this month for Gods Unchained, opening up to double jump.tokyo and several other developers, including SuperfarmDAO, Illuvium and Mintable, shortly …

Gaming decentralized application Alien Worlds announced on Monday that it had successfully raised $2 million in a sale of its utility token, Trilium (TLM), to selected private investors. Alien Worlds is currently the number-two-ranked gaming DApp by number of users, according to DappRadar. Investors in the recent token sale included Animoca Brands, developer of The Sandbox and F1 DeltaTime; Longling Capital, which created China’s Meitu app; 3Commas; and Digital Assets Group. Alien Worlds is a decentralized finance metaverse in which planets are run as decentralized autonomous organizations. Trilium is used as a governance token across these six DAOs and has …

Tech giant Microsoft seems to be considering introducing Bitcoin (BTC) payments to its Xbox gaming console online store. According to a Sunday Reddit post on r/XboxSeriesX, Microsoft has put out a survey asking Xbox users about their preferred payment options at its online store. “Which of these other payment methods would you like to use on Xbox?,” the purported survey asks, listing Bitcoin as one of the potential payment methods. The same photo has also been circulating across several other subreddits including r/Ethtrader and r/Bitcoin. Microsoft is now asking Xbox users about #Bitcoin pic.twitter.com/TjuY18L5Wh — Documenting Bitcoin (@DocumentingBTC) March 21, …

The use of blockchain in crypto-based games could be a hinderance to the adoption as well as an exciting unique selling point. Now, before you start taking up your decentralized pitchforks and demanding that I be immediately chased out of Blockland and never spoken of again, please let let me explain. This is not a suggestion that blockchain games are bad, or that the addition of blockchain is detrimental to games. On the contrary, there are hardly any existing genre of game which couldn’t be greatly enhanced through the integration of blockchain elements. From provable fairness and permanent immutable ledgers …

The value of the Decentraland (MANA) token climbed 31% leading into March 9, following news that classic game manufacturer Atari would set up a gaming casino inside Decentraland’s virtual realm. Announced on March 8, a partnership between Atari and Decentral Games will see the launch of Atari Casino within Decentraland this coming May. The casino is expected to feature various Atari-themed games, playable with MANA tokens, the DAI stablecoin, Decentral Games’ own DG token, or Atari’s eponymous Atari Token (ATRI). Decentral Games is a community-owned ecosystem-based inside Decentraland, which is governed by its own users with the help of a …

Non-fungible token-focused investment firm Polyient Games is launching a new online tournament to introduce mainstream gamers to the crypto space. In an announcement today, Polyient Games said it would be partnering with esports tournament platform Community Gaming for a $100,000 series featuring games using non-fungible tokens, or NFTs. The esports games will reportedly “function as a method of introducing mainstream gamers to the world of cryptocurrency and blockchain assets” by allowing players to acquire digital collectibles and use NFTs as in-game items. "The marriage between decentralized technology and gaming will be one of the most significant themes of the coming …

Video games and online gaming have become some of the largest industries on the planet over the past 30 years as digital technology and the internet have interconnected people from around the world and transformed us into a global society. Decentralization and blockchain technology are gathering steam as a transformative new way to operate and build an ecosystem, and Ultra is one gaming-focused project that has been gaining momentum in recent months. Ultra, a blockchain-based PC game distribution platform, is created for gamers and game developers and allows users to develop multiple revenue streams, including the ability to resell games …

Blockchain tech may soon become an integral part of the world’s largest basketball league. According to a report from Sportico yesterday, a group of some of the wealthiest and most powerful National Basketball Association team owners are forming a committee to investigate blockchain use cases for the NBA. Called the Blockchain Advisory Subcommittee, members include Mark Cuban, Joe Tsai, Ted Leonsis, Steve Pagliuca, Vivek Ranadive and Ryan Sweeney. According to Sportico, the goal of the subcommittee is to “explore ways to integrate blockchain across the league’s business.” Two obvious possible use cases include ticketing and collectibles. Blockchain-based ticketing has made …

Basketball legend Magic Johnson has a future with the bulls. No, he's not returning to play for the NBA, but joining a major sports licensing company that looks favorably at the rise of the non-fungible token market. In an interview with CNBC’s Squawk Box today, Michael Rubin, executive chairman of sports merchandise company Fanatics, said the digital and physical collectible market was "exploding" due in part to many spending more time at home last year. Johnson just joined Fanatics’ board as an independent director and seemed to shared Rubin's optimism. “It’s almost a frenzy happening right now,” said Rubin. “I …

While users might still be able to adapt some gaming consoles for mining cryptocurrency, evidence suggests that recent reports of a modified PlayStation 5 mining Ether (ETH) are fake. According to a report from news outlet GizChina, Chinese software developer Yifan Gu mined Ether using a PlayStation 5. The report claimed that the developer may have overclocked the PS5’s AMD Ryzen CPU and AMD Radeon GPU cards to achieve a mining hash rate of 98.76 megahertz per second, and a screenshot from Gu showed the seemingly modified hardware required 211 watts of power to run. However, the screenshot shared by …

With GameStop's stock more than doubling in price over the last two days, CNBC’s Jim Cramer is proposing the brick-and-mortar company change its business model to be more inclusive of cryptocurrencies. Speaking on CNBC’s Squawk Box today, the Mad Money host suggested that he had a plan to "justify the stock price" of GameStop. At the time of publication, the price of GME is $131.17 — an increase of more than 175% in the last 24 hours after weeks of sideways action. In addition to following the example of Tesla, which purchased $1.5 billion Bitcoin (BTC), Cramer proposed GameStop mimic …